secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001628280-26-027522
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Workhorse Group amends credit agreements, increases cash flow facility by $10M, defers rent
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- Cash flow credit agreement commitment increased from $10M to $20M; customer order commitment reduced from $40M to $30M.
- CEO Scott Griffith receives employment letter with $600K base salary, 50% target bonus, and specified severance benefits.
- Rent deferral on Union City manufacturing facility for five months from May to September 2026, lump sum due by Sept 30, 2026.
- Amendment involves lender Motive GM Holdings II LLC and multiple guarantor subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000162828026027522/0001628280-26-027522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000162828026027522/wkhs-20260425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-027522

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer